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Stock Market Era |OT3| Nobody expects the Spanish Inflation!
- Thread starter Sheepinator
- Start date
- OT
I don't think this is people losing confidence in companies like Apple and Amazon, this is simply investors expecting the Fed to fuck things up even more than they have already. Partly because the Fed keeps stating they want to Fuck Things Up.
Inflation is reducing, unfortunately the Fed looks at lagging indicators and are going to over react, which will of course just hurt things even more. I think Wall Street is sending a message, across the board, because Apple is still a great company yet it's being sold off. Tesla is about to report its best quarter EVER and yet its down 60% this year.
These sell offs are not a confidence problem with the companies, its a confidence problem with the Fed.
I think in the short term (until the end of the year), institutions will want to dump their holdings and let retail hold their bags; they can come back in once the capitulation happens.
I'm a bit concerned with Elon selling stock to keep Twitter afloat, especially with Twitter's huge debt. https://www.reuters.com/business/mu...slash-twitter-debt-bloomberg-news-2022-12-08/
I also remembered this article from last year
'The Big Short' investor Michael Burry says Elon Musk may want to sell Tesla stock to cover his personal debts — and compares the market to the Dutch tulip bubble
Burry rejoined Twitter to suggest why Musk may be looking to cash out and to draw a parallel between tulip mania and market speculation today.
markets.businessinsider.com
Specifically this bit
I really wonder how far Elon is going to ride Twitter out before something drastic happens. How badly will high interest rates hurt him?
What are his choices? Good luck selling it. Burn it to the ground? He still owes all that money.
Yeah, this is why I've been DCA'ing weekly instead of monthly. So volatile, so reduces the risk a bit more.
amazon below march 2020 covid lows
target dropping too. trying to catch these falling knives, it hurts but i gotta try
target dropping too. trying to catch these falling knives, it hurts but i gotta try
Saw this earlier, wonder how low tesla can go
www.cnbc.com
Sen. Warren warns Tesla chair that Musk and the board may have failed in legal duties since Musk bought Twitter
Warren asked the Tesla board about alleged misappropriation of Tesla resources and conflicts of interest resulting from Musk's purchase of Twitter.
Bezos should have known better than to have appointed an IT nerd!
I've gotten used to receiving multiple on a weekly basis
I have the same question. Is there a good app which would tell you if a ticker you are following has reached a 52 week low? I am not sure if etrade does that.
LMAO he had an out to maybe stop the Tesla stocks from tanking. Guess we get to see how low it'll go instead.
Also this https://finance.yahoo.com/news/oppe...severely-damaged-on-musk-drama-163947744.html
Are those tweets real? I don't see them on kimdotcoms feed.
LMAO he had an out to maybe stop the Tesla stocks from tanking. Guess we get to see how low it'll go instead.
Also this https://finance.yahoo.com/news/oppe...severely-damaged-on-musk-drama-163947744.html
The Elon ones I mean
Nikkei 225 falls more than 2% after Bank of Japan widens yield target range, yen strengthens
Markets in the Asia-Pacific traded mostly lower as the Bank of Japan modified its yield curve control tolerance range while holding its ultra-low benchmark interest rates steady.
Damn
I'm a PLTR bagholder at $22.91 average. I have 400 shares and 2 LEAPS expiring way out of the money next month 🤡
I'm thinking of buying some of each because I am an idiot.
Not financial advice but I wouldn't recommend $PLTR at the moment. There's insider selling every three months (last time was around the end of November). I was asleep at the wheel before I really noticed how much selling was going on.
TSLA is about to go into the $140's. There doesn't appear to be a floor for TSLA, every day it just sinks lower no matter what the market does.
And yet we have record quarter earnings coming in a few weeks, LOL!!!
Immense disconnect between Tesla and TSLA right now.
And yet we have record quarter earnings coming in a few weeks, LOL!!!
Immense disconnect between Tesla and TSLA right now.
I still have some cash that I want to throw at it but I have no idea when. Usually I just DCA but the stock falls every week so it feels kind of stupid to do it now.
Wait until there is some stability or keep up with DCA mhhhhh
I doubt it goes below $140 today because the market makers won't want to set any triggers off. They'll wait until tomorrow to try taking it under $140, in my opinion.
And they'll probably do it. There isn't any buying volume to counter the bear raid right now., TSLA appears to be at their mercy. It's only a matter of how low do they want to push it, and when will they let up off the pressure.
At some point they'll switch from bear raid to accumulate, and then they'll let her rip all the way up and sell when they are satisfied with their profits. And probably start the process all over again as long as we have crappy macros.
I know what you mean, but I think it's actually quite believable 😂 Even at his best Musk has seemed unstable
Some interesting movement in Tesla today.
View: https://twitter.com/followtheh/status/1605234118509436941?s=46&t=v5e1gyg4O7WyXRZDfV18mQ
Seems like some of the big guys are leaving or Elon is selling more.
View: https://twitter.com/followtheh/status/1605234118509436941?s=46&t=v5e1gyg4O7WyXRZDfV18mQ
Seems like some of the big guys are leaving or Elon is selling more.
Elon can't sell any more now until the year is over, he isn't allowed to.
Nah, this is just a typical bear raid. A very successful one though!
EDIT: Part of me feels this might be orchestrated for hedge funds waiting until the Moody's credit upgrade to buy in (Moody's usually changes their ratings at years end). They wouldn't want to buy in at inflated prices, they'd want to buy in as low as possible. And now that the S&P commission has upgraded TSLA to investment grade its only a matter of time until Moody's does too. Once that happens a lot more funds can start accumulating TSLA.
This bear raid could simply be for the hedge funds benefit.
while everyone's pressed about tesla twitter and what not
target is down 35% for the year
apple is at 52 week lows
amazon is below march 2020 covid lows
disney had the biggest down year since 1974 or someshit
google is at the same PE as consumer commodities
verizon is yeilding 7%
i don't know how you have money leftover for some volitile as fuck car maker when real quality is up for grab 🤷♂️
target is down 35% for the year
apple is at 52 week lows
amazon is below march 2020 covid lows
disney had the biggest down year since 1974 or someshit
google is at the same PE as consumer commodities
verizon is yeilding 7%
i don't know how you have money leftover for some volitile as fuck car maker when real quality is up for grab 🤷♂️
I snagged me some APPL today after seeing the 52-week low. I am sure it can go lower, so will still DCA in the near future if it does.